Brocade Announces Third Fiscal Quarter 2015 Results
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Goldman Sachs Upgrades Brocade (BRCD) to Neutral
August 21, 2015 8:47 AM EDTGoldman Sachs upgraded Brocade (NASDAQ: BRCD) from Sell to Neutral with a price target of $12.00 (from $11.00).
For an analyst ratings summary and ratings history on Brocade click here. For more ratings news on Brocade click here.
Shares of Brocade closed at $9.72 yesterday.
... MoreSummit Research Upgrades Brocade (BRCD) to Buy
August 21, 2015 6:34 AM EDTSummit Research upgraded Brocade (NASDAQ: BRCD) from Hold to Buy with a price target of $14.00 (from $11.00) on improving FC dynamics.
Analyst Srini Nandury commented, "We are upgrading Brocade (BRCD) to BUY and raising our PT to $14 (up from $11) on improving FC outlook, continued strength in Ethernet business, and solid execution. The stock has pulled back significantly (down 23% versus S&P of down 4%) since BRCD last reported on the... More
Brocade Communications (BRCD) Tops Q3 EPS by 5c
August 20, 2015 4:03 PM EDTBrocade Communications (NASDAQ: BRCD) reported Q3 EPS of $0.27, $0.05 better than the analyst estimate of $0.22. Revenue for the quarter came in at $552 million versus the consensus estimate of $550.54 million.
I am pleased with our Q3 2015 financial results as we delivered improved profitability and higher... More
